The sale was made to cowl taxes related to the settlement of the restricted inventory models. On account of this transaction, Mullen (NASDAQ:) immediately owns 182,096 shares. In response to InvestProGuidewire (NYSE:) maintains a “GOOD” Monetary Well being Ranking, with 12 extra key insights obtainable to subscribers through the complete Professional Analysis report. In response to InvestProGuidewire maintains a ranking of “GOOD” monetary well being, with 12 extra key insights obtainable to subscribers through the complete Professional Analysis report. The sale was made to cowl taxes related to the settlement of the restricted inventory models. On account of this transaction, Mullen immediately owns 182,096 shares.
In different current information, Guidewire Software program (ETR:) has been a focus for monetary analysts following vital developments throughout the firm. The corporate’s shareholders accredited essential proposals, together with government compensation and the 2024 worker inventory buy plan. The corporate additionally introduced a powerful monetary place, with a present ratio of two, 66 and income development of 12.92% during the last 12 months, in accordance with an evaluation by InvestingPro.
Guidewire has additionally been the topic of varied analyst studies. DA Davidson raised its worth goal for Guidewire, sustaining a purchase ranking, following sturdy first-quarter fiscal efficiency and revised fiscal 2025 monetary steerage. Conversely, BofA Securities maintained its underperform ranking on Guidewire, regardless of the corporate’s sturdy efficiency and a rise in gross margin to 60.8%.
RBC Capital Markets and Stifel additionally adjusted their worth targets for Guidewire. RBC cited the corporate’s sturdy monetary efficiency and the conclusion of 5 Tier 1 cloud offers as causes for the improve, whereas Stifel highlighted Guidewire’s sturdy begin to the fiscal 12 months, highlighted by 9 cloud offers , together with 5 with Tier 1 prospects. That is the newest in a sequence of current developments for Guidewire Software program.
This text was generated with the assist of AI and reviewed by an editor. For extra info, seek the advice of our Common Phrases and Circumstances.
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